Symbols / VSTD Stock $0.43 -1.21% Vestand Inc.

Consumer Cyclical • Restaurants • United States • NCM
VSTD (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Consumer Cyclical
Industry Restaurants
CEO Mr. Ji-Won Kim
Exch · Country NCM · United States
Market Cap 6.28M
Enterprise Value 17.33M
Income -3.31M
Sales 13.90M
FCF (ttm) -2.84M
Book/sh 0.45
Cash/sh 0.09
Employees 259
Insider 10d —
IPO Sep 09, 2022
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E —
PEG —
P/S 0.45
P/B 0.96
P/C —
EV/EBITDA -6.14
EV/Sales 1.25
Quick Ratio 0.27
Current Ratio 0.57
Debt/Eq 263.90
LT Debt/Eq —
EPS (ttm) -0.63
EPS next Y —
EPS Growth —
Revenue Growth 10.90%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA -13.16%
ROE -122.18%
ROIC —
Gross Margin 12.25%
Oper. Margin -46.15%
Profit Margin -23.83%
Shs Outstand 14.12M
Shs Float 11.93M
Insider Own 15.16%
Instit Own 1.85%
Short Float 0.90%
Short Ratio 1.71
Short Interest 103.93K
52W High 4.63
vs 52W High -90.67%
52W Low 0.20
vs 52W Low 114.11%
Beta 0.52
Impl. Vol. —
Rel Volume 0.79
Avg Volume 91.48K
Volume 71.97K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $0.44
Price $0.43
Change -1.21%
About

Vestand Inc. together with its subsidiaries, owns and operates Japanese restaurants in California. It offers bone broth, ramen, rice bowls, appetizers, sushi rolls, bento boxes, and other Japanese cuisines. Vestand Inc. was formerly known as Yoshiharu Global Co. and changed its name to Vestand Inc. in September 2025. The company was founded in 2016 and is based in Brea, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.43
Latest analyst target
3. DCF / Fair value
$-3.62
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.43
Low
—
High
—
Mean
—
News
RSS: Latest VSTD news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-12 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 55,889 $0.41 $24,172
2025-12-08 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 10,000 $0.41 $4,122
2025-11-28 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 45,000 $0.55 $25,374
2025-11-24 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 8,000 $0.55 $4,479
2025-11-19 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 9,960 $0.53 $5,479
2025-11-14 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 55,000 $0.53 $30,048
2025-11-06 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 109,427 $0.54 $61,243
2025-11-04 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 85,708 $0.52 $56,312
2025-10-30 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 35,000 $0.85 $33,385
2025-10-24 CHAE JAMES Beneficial Owner of more than 10% of a Class of Security — 18,039 $1.20 $22,097
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
12.84
+39.33%
9.21
+11.26%
8.28
+26.70%
6.54
Operating Revenue
12.84
+39.33%
9.21
+11.26%
8.28
+26.70%
6.54
Cost Of Revenue
11.32
+27.93%
8.85
+9.04%
8.12
+28.38%
6.32
Reconciled Cost Of Revenue
11.32
+27.93%
8.85
+9.04%
8.12
+28.38%
6.32
Gross Profit
1.52
+316.16%
0.36
+119.39%
0.17
-22.60%
0.21
Operating Expense
4.07
+4.95%
3.88
-1.79%
3.95
+90.42%
2.07
Selling General And Administration
3.93
+11.07%
3.54
+16.70%
3.03
+46.22%
2.07
Selling And Marketing Expense
0.10
-17.22%
0.12
-18.69%
0.15
+365.27%
0.03
General And Administrative Expense
3.83
+12.07%
3.42
+18.52%
2.88
+41.23%
2.04
Other Gand A
3.83
+12.07%
3.42
+18.52%
2.88
+41.23%
2.04
Other Operating Expenses
0.14
-58.86%
0.34
-62.95%
0.92
—
Total Expenses
15.39
+20.93%
12.73
+5.50%
12.07
+43.70%
8.40
Operating Income
-2.56
+27.32%
-3.52
+7.11%
-3.78
-103.45%
-1.86
Total Operating Income As Reported
-2.56
+27.32%
-3.52
+7.11%
-3.78
-103.45%
-1.86
EBITDA
-1.31
+41.01%
-2.23
+18.13%
-2.72
-90.99%
-1.42
Normalized EBITDA
-1.31
+55.26%
-2.94
+5.47%
-3.11
-83.34%
-1.69
Reconciled Depreciation
0.86
+58.03%
0.55
-17.14%
0.66
+374.79%
0.14
EBIT
-2.18
+21.53%
-2.77
+17.94%
-3.38
-116.15%
-1.56
Total Unusual Items
0.00
-100.00%
0.71
+83.82%
0.39
+42.99%
0.27
Total Unusual Items Excluding Goodwill
0.00
-100.00%
0.71
+83.82%
0.39
+42.99%
0.27
Special Income Charges
0.00
-100.00%
0.71
+83.82%
0.39
+42.99%
0.27
Other Special Charges
—
-0.70
-81.51%
-0.39
-42.99%
-0.27
Net Income
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Pretax Income
-2.63
+12.04%
-2.99
+13.74%
-3.47
-114.63%
-1.62
Net Non Operating Interest Income Expense
-0.46
-108.67%
-0.22
-147.06%
-0.09
-69.08%
-0.05
Interest Expense Non Operating
0.46
+108.67%
0.22
+147.06%
0.09
+69.08%
0.05
Net Interest Income
-0.46
-108.67%
-0.22
-147.06%
-0.09
-69.08%
-0.05
Interest Expense
0.46
+108.67%
0.22
+147.06%
0.09
+69.08%
0.05
Other Income Expense
0.38
-48.95%
0.74
+83.40%
0.40
+36.45%
0.30
Other Non Operating Income Expenses
0.38
+1071.62%
0.03
+74.61%
0.02
-30.12%
0.03
Tax Provision
0.03
-29.62%
0.05
+152.78%
0.02
+31.37%
0.01
Tax Rate For Calcs
0.00
+0.00%
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
0.00
-100.00%
0.15
0.00
-100.00%
0.07
Net Income Including Noncontrolling Interests
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Net Income From Continuing Operation Net Minority Interest
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Net Income From Continuing And Discontinued Operation
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Net Income Continuous Operations
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Normalized Income
-2.67
+25.96%
-3.60
+7.04%
-3.87
-111.94%
-1.83
Net Income Common Stockholders
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Diluted EPS
-0.49
+13.54%
-0.57
+29.10%
-0.81
-156.34%
-0.32
Basic EPS
-0.49
+13.54%
-0.57
+29.10%
-0.81
-156.34%
-0.32
Basic Average Shares
5.38
+1.26%
5.32
+23.23%
4.31
-16.65%
5.18
Diluted Average Shares
5.38
+1.26%
5.32
+23.23%
4.31
-16.65%
5.18
Diluted NI Availto Com Stockholders
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Gain On Sale Of PPE
0.00
-100.00%
0.01
0.00
—
Rent Expense Supplemental
1.77
+56.79%
1.13
+2.79%
1.10
+59.25%
0.69
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
17.57
+34.98%
13.02
-18.72%
16.02
+174.51%
5.84
Current Assets
1.46
-4.61%
1.54
-75.24%
6.20
+451.73%
1.12
Cash Cash Equivalents And Short Term Investments
1.24
-15.13%
1.46
-76.18%
6.14
+464.69%
1.09
Cash And Cash Equivalents
1.24
-15.13%
1.46
-76.18%
6.14
+464.69%
1.09
Cash Financial
1.24
-15.13%
1.46
-76.18%
6.14
+464.69%
1.09
Receivables
0.08
0.00
—
—
Accounts Receivable
0.08
0.00
—
—
Inventory
0.14
+90.93%
0.07
+19.91%
0.06
+66.51%
0.04
Total Non Current Assets
16.11
+40.27%
11.48
+16.97%
9.82
+108.39%
4.71
Net PPE
12.60
+31.86%
9.55
+4.52%
9.14
+100.71%
4.55
Gross PPE
15.11
+34.36%
11.25
+9.04%
10.32
+103.40%
5.07
Accumulated Depreciation
-2.52
-48.49%
-1.70
-44.17%
-1.18
-127.09%
-0.52
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
2.25
+67.52%
1.34
+67.40%
0.80
+102.32%
0.40
Other Properties
7.47
+36.74%
5.46
-8.71%
5.98
+170.63%
2.21
Leases
5.40
+21.45%
4.45
+25.87%
3.53
+43.32%
2.47
Goodwill And Other Intangible Assets
2.48
0.00
—
—
Goodwill
1.99
0.00
—
—
Other Intangible Assets
0.49
—
—
—
Non Current Accounts Receivable
0.30
-18.92%
0.37
+0.00%
0.37
—
Non Current Prepaid Assets
0.18
-13.02%
0.21
+50.60%
0.14
—
Other Non Current Assets
0.45
-63.79%
1.25
+864.31%
0.13
-17.87%
0.16
Total Liabilities Net Minority Interest
17.32
+67.07%
10.37
-0.13%
10.38
+27.30%
8.15
Current Liabilities
6.04
+84.80%
3.27
+64.51%
1.99
-45.48%
3.65
Payables And Accrued Expenses
1.92
+169.32%
0.71
-4.87%
0.75
-55.54%
1.69
Payables
1.92
+169.32%
0.71
-4.87%
0.75
-55.54%
1.69
Accounts Payable
0.84
+30.18%
0.65
-12.94%
0.74
-53.45%
1.60
Other Payable
1.08
+1541.23%
0.07
+1010.74%
0.01
-93.31%
0.09
Current Debt And Capital Lease Obligation
4.12
+61.20%
2.56
+106.57%
1.24
-36.83%
1.96
Current Debt
3.14
+58.54%
1.98
+154.82%
0.78
-55.36%
1.74
Other Current Borrowings
2.11
+369.85%
0.45
-6.11%
0.48
-72.56%
1.74
Current Capital Lease Obligation
0.98
+70.42%
0.57
+24.72%
0.46
+113.40%
0.21
Total Non Current Liabilities Net Minority Interest
11.28
+58.90%
7.10
-15.44%
8.39
+86.15%
4.51
Long Term Debt And Capital Lease Obligation
11.28
+58.90%
7.10
-15.44%
8.39
+86.15%
4.51
Long Term Debt
3.95
+180.83%
1.41
-33.96%
2.13
-11.72%
2.41
Long Term Capital Lease Obligation
7.32
+28.74%
5.69
-9.14%
6.26
+198.93%
2.09
Stockholders Equity
0.26
-90.37%
2.65
-52.93%
5.64
+343.15%
-2.32
Common Stock Equity
0.26
-90.37%
2.65
-52.93%
5.64
+343.15%
-2.32
Capital Stock
0.00
+5.26%
0.00
+0.00%
0.00
-85.94%
0.00
Common Stock
0.00
+5.26%
0.00
+0.00%
0.00
-85.94%
0.00
Share Issued
5.60
+5.26%
5.32
+2.80%
5.18
-5.89%
5.50
Ordinary Shares Number
5.60
+5.26%
5.32
+2.80%
5.18
-5.89%
5.50
Additional Paid In Capital
12.26
+2.23%
11.99
+0.47%
11.94
+2057.01%
0.55
Retained Earnings
-12.01
-28.54%
-9.34
-48.26%
-6.30
-123.97%
-2.81
Total Equity Gross Minority Interest
0.26
-90.37%
2.65
-52.93%
5.64
+343.15%
-2.32
Total Capitalization
4.21
+3.61%
4.06
-47.73%
7.77
+8056.04%
0.10
Working Capital
-4.58
-163.97%
-1.73
-141.16%
4.21
+267.07%
-2.52
Invested Capital
7.35
+21.64%
6.04
-29.28%
8.55
+364.87%
1.84
Total Debt
15.40
+59.51%
9.65
+0.23%
9.63
+48.91%
6.47
Net Debt
5.86
+203.66%
1.93
—
3.07
Capital Lease Obligations
8.30
+32.55%
6.26
-6.83%
6.72
+190.97%
2.31
Net Tangible Assets
-2.22
-183.72%
2.65
-52.93%
5.64
+343.15%
-2.32
Tangible Book Value
-2.22
-183.72%
2.65
-52.93%
5.64
+343.15%
-2.32
Dueto Related Parties Current
—
—
—
1.38
Line Of Credit
1.03
-32.59%
1.53
+411.41%
0.30
0.00
Non Current Note Receivables
0.10
+0.00%
0.10
+155.22%
0.04
—
Other Equity Interest
—
—
—
-0.06
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
0.88
+119.06%
-4.59
-20.87%
-3.80
-2056.69%
0.19
Cash Flow From Continuing Operating Activities
0.88
+119.06%
-4.59
-20.87%
-3.80
-2056.69%
0.19
Net Income From Continuing Operations
-2.67
+12.32%
-3.04
+12.82%
-3.49
-113.89%
-1.63
Depreciation Amortization Depletion
0.86
+58.03%
0.55
-17.14%
0.66
+374.79%
0.14
Depreciation
0.82
+50.73%
0.55
-17.14%
0.66
+374.79%
0.14
Amortization Cash Flow
0.04
—
—
—
Depreciation And Amortization
0.86
+58.03%
0.55
-17.14%
0.66
+374.79%
0.14
Amortization Of Intangibles
0.04
—
—
—
Other Non Cash Items
—
—
—
1.25
Operating Gains Losses
—
-0.71
-83.82%
-0.39
-42.99%
-0.27
Gain Loss On Sale Of PPE
0.00
+100.00%
-0.01
0.00
—
Change In Working Capital
2.68
+293.08%
-1.39
-137.63%
-0.58
-182.49%
0.71
Change In Receivables
-0.08
0.00
—
—
Changes In Account Receivables
-0.08
0.00
—
—
Change In Inventory
-0.05
-342.21%
-0.01
+50.16%
-0.02
-16.74%
-0.02
Change In Payables And Accrued Expense
1.92
+1665.21%
-0.12
+70.02%
-0.41
-149.03%
0.83
Change In Payable
1.92
+1665.21%
-0.12
+70.02%
-0.41
-149.03%
0.83
Change In Account Payable
0.20
+686.70%
-0.03
-103.84%
0.88
+197.68%
0.30
Change In Other Current Assets
0.90
+171.57%
-1.25
-732.87%
-0.15
-42.25%
-0.11
Change In Other Current Liabilities
—
—
—
0.47
Investing Cash Flow
-2.56
-74.12%
-1.47
+0.14%
-1.47
-64.32%
-0.90
Cash Flow From Continuing Investing Activities
-2.56
-74.12%
-1.47
+0.14%
-1.47
-64.32%
-0.90
Net PPE Purchase And Sale
-0.76
+48.24%
-1.47
+0.14%
-1.47
-64.32%
-0.90
Purchase Of PPE
-0.76
+48.24%
-1.47
+0.14%
-1.47
-64.32%
-0.90
Capital Expenditure
-0.76
+48.24%
-1.47
+0.14%
-1.47
-64.32%
-0.90
Net Business Purchase And Sale
-1.80
—
—
—
Purchase Of Business
-1.80
—
—
—
Financing Cash Flow
1.47
+5.67%
1.39
-87.04%
10.69
+497.58%
1.79
Cash Flow From Continuing Financing Activities
1.47
+5.67%
1.39
-87.04%
10.69
+497.58%
1.79
Net Issuance Payments Of Debt
1.20
-10.01%
1.33
+281.83%
0.35
-71.11%
1.21
Issuance Of Debt
2.13
+1.12%
2.11
+277.58%
0.56
-60.20%
1.40
Repayment Of Debt
-0.93
-20.17%
-0.78
-270.52%
-0.21
-6.89%
-0.20
Long Term Debt Issuance
2.13
+51.41%
1.41
+445.22%
0.26
-81.59%
1.40
Long Term Debt Payments
-0.93
-20.17%
-0.78
-270.52%
-0.21
-25.47%
-0.17
Net Long Term Debt Issuance
1.20
+89.93%
0.63
+1201.99%
0.05
-96.08%
1.24
Short Term Debt Issuance
0.00
-100.00%
0.70
+133.33%
0.30
0.00
Short Term Debt Payments
—
-0.06
0.00
+100.00%
-0.03
Net Short Term Debt Issuance
0.00
-100.00%
0.70
+133.33%
0.30
+1132.35%
-0.03
Net Common Stock Issuance
0.27
+378.19%
0.06
-99.46%
10.35
+708.25%
1.28
Common Stock Dividend Paid
—
—
0.00
+100.00%
-0.70
Cash Dividends Paid
—
—
0.00
+100.00%
-0.70
Changes In Cash
-0.22
+95.27%
-4.68
-186.25%
5.42
+398.76%
1.09
Beginning Cash Position
1.46
-76.18%
6.14
+756.45%
0.72
0.00
End Cash Position
1.24
-15.13%
1.46
-76.18%
6.14
+464.69%
1.09
Free Cash Flow
0.11
+101.88%
-6.06
-15.00%
-5.27
-650.50%
-0.70
Interest Paid Supplemental Data
0.44
+103.29%
0.22
+147.06%
0.09
+69.08%
0.05
Income Tax Paid Supplemental Data
0.03
-29.62%
0.05
+152.78%
0.02
+31.37%
0.01
Common Stock Issuance
0.27
+378.19%
0.06
-99.46%
10.35
+708.25%
1.28
Issuance Of Capital Stock
0.27
+378.19%
0.06
-99.46%
10.35
+708.25%
1.28
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
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